為替かわせ予よ約やく

noun

exchange contract; forward exchange contract

A financial agreement to exchange currencies at a predetermined rate on a future date. Used in business and banking contexts.

• 為替かわせ予よ約やくを結むすんで、将しょう来らいの為替かわせリスクを回かい避ひする。

  We enter into a forward exchange contract to hedge against future exchange risk.

• 銀ぎん行こうで為替かわせ予よ約やくの手て続つづきをした。

  I completed the procedures for a forward exchange contract at the bank.